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Video Transcript:

Live betting might sound like something you do in person at a casino or sportsbook but the truth is, most live bets are made online using smartphones, tablets and computers.

Live betting refers to wagers you can make DURING the game.
Whether you’re at a casino or at home logged on to your favorite sportsbetting site, you can make lots of different bets on the fly, while you’re watching the action play out.

In this video we’ll explain everything you need to know about live betting including how it works, popular kinds of bets and sports to bet on live, plus a few reasons why live betting can sometimes offer better value than the normal pre-game betting lines.

Let’s jump in.


WHAT IS LIVE BETTING?

Placing your main bets before the game begins is great but there’s something special about being able to put extra action down when you feel like it, depending on how the game’s developing.

That’s where live betting comes in.

Also called in-game betting, live bets can be made on anything from which team will win to which player will score next.

Before we go through some of the main live betting options you’ll run into, it’s important to understand that your live betting options vary a lot depending on the sportsbook you’re playing at and the sports and games you’re betting on.

Some sportsbooks offer tons of different live bets on lots of sports while others have very few or none at all.


POPULAR KINDS OF LIVE BETS

The best online sportsbooks and casinos offer lots of different live bets but depending where you play you might only see some of the following live bets.

All these bets work the same way they do normally except the casino will be adjusting the odds live depending on what’s happening in the game.

Moneyline bets let you pick the team you think will win. The odds for each team will change depending on who’s ahead and how the game’s playing out.

Point spreads will change throughout the game, sometimes faster than you can keep up with, which means if you’re paying attention you can find an edge.

Over/under bets are also available while the game is playing out and they will change drastically depending on whether there’s more or less scoring than expected.

Probably the MOST popular kinds of bets to make live are props.
Prop stands for proposition and depending on the site or casino you’re betting with, there can be lots of really interesting prop lines set during the game.

Common bets include which team or even which player will score the next point and also have lots of sport-specific bets.

If you love baseball, for example, you can bet on things like which team will reach a certain number of runs first, whether the next batter will get a hit or strike out or even how many pitches will be thrown in the next half inning.

Each sport has its own special live prop bets and as live betting becomes more popular, more sites are offering more live betting options.


ADVANTAGES OF LIVE BETTING

In addition to enhancing your sports viewing experience, live betting can actually give you an edge, if you know what to look for.

That’s because oddsmakers are forced to come up with lines and odds on the fly. That means they have less time to analyze all the different factors.

Sportsbooks also take in way less action in live bets than they do in traditional pre-game wagers so in general they put less resources towards coming up with dead-on accurate live betting lines.

Just like other kinds of sports gambling, you need to do the research and pay attention to find good bets where you might have an edge.

For lots more information about live betting strategy, check out the full guide on WSN.com.

Thanks for watching and good luck.


Find out more about Kurt Long here: https://www.imdb.com/name/nm1273767/